Morganton NC Multi Family for Sale

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Type:
Duplex
Sq.Ft.:
1,602
Status:
Active
Beds:
4
Year built:
1994
Baths:
2.00
MLS#:
4108288

ADDITIONAL INFORMATION

Money printing machine for sale! Approximately 1600sf duplex with a solid 14 year rental history. Two bed, one bath per unit on a comfortable sized lot on Carbon City road within Morganton city limits. Connected to city water and sewer. Across the street from Carbon City park/playground and a police/fire station. Close to I-40, Ingles, downtown, local colleges, the Linville Gorge and the Pisgah Nation Forest. Also for the long-term thinker in you, the duplex is six miles down the road from the newly planned industrial mega site, which may soon be the largest job creator in the history of Burke county. Rent both sides to get your money back quickly. Perhaps live in one side and rent the other. Many possibilities! Great place to put your money with a great return on your money annually.

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Andrea Conner, License #298336, Xome Inc., License #C24582, [email protected], 844-400-9663, 750 State Highway 121 Bypass, Suite 100, Lewisville, TX 75067

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Morganton Real Estate

The median home value in Morganton, NC is $280,000. This is higher than the county median home value of $207,100. The national median home value is $338,100. The average price of homes sold in Morganton, NC is $280,000. Approximately 45.57% of Morganton homes are owned, compared to 42.19% rented, while 12.24% are vacant. Morganton real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Morganton real estate agent to arrange a tour today!

Morganton, North Carolina has a population of 17,389. Morganton is less family-centric than the surrounding county with 21.44% of the households containing married families with children. The county average for households married with children is 25.01%.

The median household income in Morganton, North Carolina is $43,103. The median household income for the surrounding county is $48,142 compared to the national median of $69,021. The median age of people living in Morganton is 37.6 years.

Morganton Weather

The average high temperature in July is 87.8 degrees, with an average low temperature in January of 27.1 degrees. The average rainfall is approximately 48.3 inches per year, with 4.3 inches of snow per year.

Morganton Real Estate Market Conditions

  • Median sales price

    $280,000
    24% change since last quarter
  • # Active listings

    390
    30-day change

Morganton Schools and Demographics

Education near Morganton, NC

Metric City County
High School Graduates 76.58 83.31
College Degree - 2 year 11.17 12.72
College Degree - 4 year 23.96 18.65
Graduate Degree 7.03 5.19
Expenditures per Student 10,084 10,084
Students per Teacher 15.7 15.7

Elementary Schools near Morganton, NC

School Grades Students P/T Ratio ZIP
Chesterfield Elementary School PK - 05 187 12.6 28655
Drexel Elementary School PK - 05 500 16.4 28655
Forest Hill Elementary School PK - 05 476 15.9 28655
Glen Alpine Elementary School PK - 05 432 16.3 28655
Mountain Crest Elementary School PK - 05 537 15.7 28655
Mull Elementary School PK - 05 300 14.5 28655
Nebo Elementary School PK - 05 402 13.9 28761
New Dimensions KG - 08 261 11.8 28655
Oak Hill Elementary School PK - 05 443 15.8 28655
Rutherford College Elementary School PK - 05 227 13.5 28671
Salem Elementary School PK - 05 576 16.1 28655
Valdese Elementary School PK - 05 418 16.7 28690
W A Young Elementary School PK - 05 390 14.1 28655

Middle Schools near Morganton, NC

School Grades Students P/T Ratio ZIP
Heritage Middle School 06 - 08 540 16.9 28690
Liberty Middle School 06 - 08 562 16.8 28655
Table Rock Middle School 06 - 08 560 16.4 28655
Walter R Johnson Middle School 06 - 08 443 15 28655

High Schools near Morganton, NC

School Grades Students P/T Ratio ZIP
Burke Middle College 11 - 12 120 40 28655
Freedom High School 09 - 12 1,178 18 28655
Jimmy C Draughn High School 09 - 12 722 16.8 28690
Robert L. Patton High School 09 - 12 1,017 19.1 28655

Ungraded Schools near Morganton, NC

School Grades Students P/T Ratio ZIP
Hallyburton Academy 06 - 12 131 8.3 28619
NC School for the Deaf KG - 12 64 2.8 28655
North Liberty PK - 12 97 8 28655

Demographics near Morganton, NC

Metric City County
Neighborhood Type Suburban
Population 17,389 87,829
Population Density 904 174
Median Age 37.6 44.4
People per Household 2.6 2.5
Median Household Income 43,103 48,142
Average Income per Capita 23,890 27,524